New York City Councilman Mark Levine has announced he will introduce a bill tomorrow that, if adopted, would move the municipality to accept bitcoin as payment for fines and fees. The full bill would give New York City the ability to “enter into agreements” with financing agencies to allow it to accept bitcoin. Parking tickets and court […]

A new report from Juniper Research forecasts that the number of bitcoin and altcoin transactions will more than double by 2017 to 56 million, up from 24.7 million in 2014 and 18 million in 2013. The finding is part of a new report from the market intelligence firm that analyzes the volume and value of […]

The Hong Kong Commercial Crime Bureau (CCB) is conducting a preliminary investigation into alleged unlawful activities that may have occurred at defunct bitcoin exchange MyCoin. The CCB reports that 43 investors between the ages of 21 and 71 years old lost anywhere between HK$50,000 to HK$15m each when the exchange ceased operations. Such estimates would place the total […]

An online survey has found that 8% of US retailers say they are planning to accept bitcoin within the next 12 months. The data, collected by the Boston Retail Partners, after surveying 500 retailers across the US, showed that none of the businesses were currently accepting bitcoin, whilst 5% have plans to adopt it within […]

There are now hundreds if not thousands of altcoins in existence, but litecoin is one of the oldest and biggest. Since its conception in 2011, creator Charlie Lee – also known as ‘Satoshi Lite’ – has become a prominent figure in the crypto space. Besides creating a cryptocurrency with a market cap of $63.79m, Charlie Lee […]